21-Vehicle Pileup On Colorado Interstate During Whiteout
A massive 21-vehicle pileup on I-70 in Colorado during winter storm conditions forced the roadway closed on Wednesday, authorities said.
January 19, 2023
Auto
Colorado
Colorado Insurers Asked To Extend ALE Coverage For Marshall Fire Victims
Insurance companies with clients who lost homes in the Marshall fire had until Friday, the one-year anniversary of Colorado’s most destructive fire, to let Colorado’s Division of Insurance know if they’re going to extend coverage of those clients’ additional living expenses to 24 months.
January 4, 2023
Legislation & Regulation
Colorado
Colorado May Create Home Insurer of Last Resort
Sate lawmakers are preparing to introduce a bill in the legislature that would create a quasi-governmental program offering basic home insurance to the growing number of Colorado homeowners who say they can’t get coverage from private companies because the risk of wildfire is growing.
January 3, 2023
Legislation & Regulation
Property
Colorado
100-Vehicle Pileup in Denver After First Snowfall of the Season
Winter is coming. Denver, Colorado recorded its first snowfall of the season yesterday, and frosty hell broke loose on the city’s major thoroughfares. The sudden arrival of icy and wet roads means only one thing.
November 7, 2022
Auto
Colorado
2021 Colorado Wildfire Claims Exceed $2B
A wildfire that destroyed nearly 1,100 homes and businesses in suburban Denver last winter caused more than $2 billion in losses, making it by far the costliest in Colorado history, the state insurance commissioner said.
October 28, 2022
Catastrophe
Property
Colorado
Colorado Insurance Recoveries Up 93% Due to Wildfire Claims
The state helped Coloradans recover nearly $20 million in additional insurance payments last year, mostly from catastrophic wildfire claims.
October 5, 2022
Auto
Legislation & Regulation
Life & Health
Property
Colorado
Notice-Prejudice Rule Inapplicable Where Insured Fails to Provide Any Notice Under Claims-Made Policies
The United States District Court for the District of Colorado, applying Colorado law, has held that the notice-prejudice rule does not apply to claims-made liability policies where an insured did not merely provide late notice, but failed to provide any notice directly to an insurer.
September 7, 2022
Litigation
Colorado
Denver-Area Hyundai And Kia Owners Struggle With Insurance Woes As Thefts Climb
Owners of some of the most-stolen vehicle makes in Denver are facing more problems after at least one major insurance company says the risk is too high to insure them.
August 16, 2022
Auto
Colorado
Tesla Insurance Expands, Now Available In 11 States
Tesla has expanded its insurance program to Utah and Maryland, taking the total number of states where it is available to 11. Tesla initially launched its insurance program in California in 2019, claiming that it is up to 30 percent cheaper than competing providers.
July 28, 2022
Auto
Arizona
California
Colorado
Illinois
Maryland
Colorado Sees Third-Highest Homeowners Premium Increase In America
Craig Plazure and his wife, Morgan, describe themselves as two of the ‘lucky ones’ who were able to buy a home in Colorado in August 2021. But after settling down and having two children, the family is wondering how long they’ll be able to stay in Colorado because of their rising homeowners insurance premiums.
July 26, 2022
Property
Colorado
In Wake Of Marshall Fire, Colorado Commissioner Considers State Insurance Fund
As home insurers abandon California due to devastating wildfires, some worry Colorado could be next. "It’s something we need to be prepared for what the future could look like if we don’t help the market stabilize and keep insurance companies here," said Colorado Insurance Commissioner Mike Conway.
July 25, 2022
Insurance Industry
Property
Colorado
Damage Estimates Expected To Climb From Massive New Mexico Wildfire
The destruction caused by the largest wildfire burning in the U.S. has been devastating for thousands of residents and their lives have been forever disrupted and altered, New Mexico’s governor said Tuesday after touring the damage in one county.
June 10, 2022
Property
Alaska
Arizona
Colorado
New Mexico
Property Insurance Expansion Approved By Colorado Legislature
Victims of Colorado’s wildfires could soon benefit from more assistance from their property insurance companies as the state’s legislature recently approved changes.
April 27, 2022
Legislation & Regulation
Property
Colorado
Colorado’s Justices Reject Individual Claims Adjuster Liability
A person may only hold insurance companies liable for the denial or delay of payments on a claim, and not individual claims handlers, the Colorado Supreme Court ruled on Monday.
March 15, 2022
Liability
Colorado
Colorado Lawmakers Propose Raising Initial Payouts For Disaster Victims
When wildfire struck Grand County, Marjorie Cranston and her husband lost their home of 15 years. The loss was hard enough, Cranston said, without spending months scouring her brain to remember every single item lost in the flames.
February 7, 2022
Legislation & Regulation
Property
Colorado
